Apr 14, 2023
Need financial advice? Some are asking AI — with mixed results
Nicolas Maeterlinck/Belga MAG/AFP via Getty Images
The AI chatbot takeover incentivized people to ask many questions normally reserved for human experts, and financial advice is no exception. But, according to professionals working in the industry, there are clear limits on what AI can do — and what consumers should expect. Plus, recently-released data on bank profits showed a significant outflow of money from bank deposits into more "secure" locations. And, why sticker prices for new cars are finally coming down after an easing of supply chain troubles.
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Segments From this episode
Bank results reveal a big outflow of cash
Marketplace’s Nova Safo explains what’s behind the increase in deposit outflows across the financial system.
Car prices lower further as supply snags ease
Marketplace’s Savannah Maher looks into what that means for consumers.
The team
David Brancaccio
Host
Leanna Byrne
Host, BBC
Kelly Silvera
Executive Producer
Meredith Garretson Morbey
Senior Producer
Alex Schroeder
Producer
Erika Soderstrom
Producer
Ariana Rosas
Producer
Jarrett Dang
Digital Producer (gone fishing)
Jesson Duller
Media Producer
Brian Allison
Technical Director
Nick Esposito
Media Producer
James Graham
Producer, BBC
Jo Critcher
Producer, BBC
Olie D'Albertanson
Producer, BBC
